HealthLeaders Media June 17, 2021
A new Manatt and Robert Wood Johnson Foundation white paper details how healthcare systems can increase price transparency by using cost growth benchmarking models.
States can increase price transparency by using cost growth benchmarking models and developing strategies to contain costs, according to a white paper released by Manatt and Robert Wood Johnson Foundation Thursday morning.
States that have already enacted benchmarking models include Massachusetts, Delaware, Rhode Island, and Oregon. Since 2020, Connecticut, Washington, New Jersey, and Nevada have taken the initial steps to establish benchmarking programs in their states.
This trend comes as state governments and consumers have grown increasingly concerned over the rise in healthcare costs.
Each state that has implemented cost growth benchmarking models have employed a...
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